Recent content by bluehorseshoe77

you said it yourself...it is the square root of 61.8 (the golden ratio)..anything related to it tends to be much more powerful..

I find the 78.6% fibo much more useful in Cable and Dollar-Swissie as they are two pairs that tend to overshoot...

Currency futures also trade on the NYBOT (FINEX) and TIFFE )....LIFFE also offers them..there may be more but off the top of my head thats what ihave

who said anything about the TIC data?? It is old, impractical and pretty useless in my book. The Japanese (gov"t and corps) are one of the biggest holders of US debt whenever the semianual coupon payemnets are paid out the JPY tends to rally...take a look at the chart over the past 5 years..

What about treasury coupon repatriations??

see gif...

USD/SGD is considered a good proxy for CNY and MYR (who also revalued)..but a lot of HF's stayed away as it is pegged and rather illiquid (total avg daiy spot, fwd and option turnover of $US3bln) ..many got squeezed out but interestingly it has held up a lot better than JPY post the reval

how are you supposed to take a position? there is no real vehicle outside of an NDF..(and I can practically gurantee you 90% of the people on ET don't have access to)..which is the whole point of this thread...by the way the 6M CNY Deposit is 2.070%

What about all these sell-side equity analysts who quit and raise millions without ever having put on a real trade??

Don't get me wrong ..I agree with you on that.. I think a major reason for this whole upmove in the dollar has been the global macro guys cutting their structural positions...but this has been going on for awhile now..as far as the JPY is concerned the long liquidation has been exacerbated as...

I disagree....a global macro hedge fund who puts on bets of a yard or more is not the same as a local punting on the JPY...I have first hand knowledge that this has been a top 5 bet of these guys this year..

no prob..as far as the cross contracts go it is one of the more liquid ones ..usually decent depth during the overnight session (Asia-early Europe)..can save a bit on commish most days as long as spread doesn't go too wide....good luck

for example I don't know why the 200-day SMA is important but it is ...now if on a particular day if that level happens to coincide with a Gann number, a key fib retracement a trendline whatever...you have a high probabaility reaction zone..that is all I want ...who knows why it works...self...

Just wondering why U don't sell the cross contract (RYU5 on the IMM or EJU5 on the FINEX)?

the hedge fund play has been short USD/SGD and to a lesser extent USD/JPY..